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airberlin to post 2010 EBIT loss on strikes and snow

27-Jan-2011 1:58 PM

airberlin stated it expects to post a loss for 2010 due to strikes in Germany and Spain and the severe winter in Europe, lowering its profit expectations by at least EUR30 million (Reuters, 26-Jan-2011). The loss before interest and taxes will be in the "single-digit million figure," according to the carrier.